The North Side Bank and Trust Company
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by The North Side Bank and Trust Company · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722410 | Drinking Places (Alcoholic Beverages) | 3 | $141K | $47K | 5.7% |
| 624410 | Child Care Services | 1 | $245K | $245K | 1.9% |
| 721310 | Rooming and Boarding Houses, Dormitories, and Workers' Camps | 1 | $1.0M | $1.0M | 1.9% |
| 561790 | Other Services to Buildings and Dwellings | 1 | $20K | $20K | 1.9% |
| 111421 | Nursery and Tree Production | 1 | $233K | $233K | 1.9% |
| 541940 | Veterinary Services | 1 | $300K | $300K | 1.9% |
| 561440 | Collection Agencies | 1 | $100K | $100K | 1.9% |
| 337110 | Wood Kitchen Cabinet and Countertop Manufacturing | 1 | $50K | $50K | 1.9% |
| 339950 | Sign Manufacturing | 1 | $30K | $30K | 1.9% |
| 541512 | Computer Systems Design Services | 1 | $600K | $600K | 1.9% |
Geographic Distribution
SBA lending activity for The North Side Bank and Trust Company by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Ohio (OH) | 52 | $9.8M | 98.1% |
| Kentucky (KY) | 1 | $1.0M | 1.9% |
Why Choose The North Side Bank and Trust Company?
Based on SBA 7(a) lending track record from 1991-2010
- ✓Proven Track Record: 53 SBA loans approved, totaling $10.8M in financing
- ✓Industry Expertise: Specialized focus on Drinking Places (Alcoholic Beverages), Child Care Services, Rooming and Boarding Houses, Dormitories, and Workers' Camps
- ✓Competitive Terms: Average interest rate of 5.25% with flexible term lengths averaging 82 months
- ✓Loan Range: Loan sizes from $20K to $1.0M, with an average of $203K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in OH, KY
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about The North Side Bank and Trust Company SBA lending
What types of businesses does The North Side Bank and Trust Company typically finance?
The North Side Bank and Trust Company specializes in SBA 7(a) lending to specific industries including drinking places (alcoholic beverages), child care services, rooming and boarding houses, dormitories, and workers' camps, other services to buildings and dwellings. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are The North Side Bank and Trust Company's typical SBA loan terms?
The North Side Bank and Trust Company's SBA 7(a) loans typically feature an average interest rate of 5.25% and average term length of 82 months (approximately 7 years). Loan sizes range from $20K to $1.0M, with an average loan size of $203K.
Do I need a business valuation for a The North Side Bank and Trust Company SBA loan?
Yes, The North Side Bank and Trust Company typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does The North Side Bank and Trust Company compare to other SBA lenders?
The North Side Bank and Trust Company has originated 53 SBA loans totaling $10.8M since 1991. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does The North Side Bank and Trust Company lend in?
The North Side Bank and Trust Company provides SBA 7(a) financing with particularly strong presence in OH, KY. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
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